The monthly payment and total cost of funding a VAT or corporation tax bill over a few months.
It works out a short repayment loan over the months you choose, plus the arrangement fee, and shows the cost as a share of the bill.
The rate starts at 0% until you enter the one a funder quoted.
What HMRC would agree under a payment plan, or the interest HMRC would charge on one.
Finance is subject to status and to the lender’s terms. A personal guarantee makes you liable for the company’s debt if it does not repay, and it can be enforced against your own assets, including your home. Nothing here is a personal recommendation.
A short loan that pays your VAT bill on the due date and spreads the cost over a few months.
Read more →A loan that pays your corporation tax bill on the due date and spreads it over several months.
Read more →Who qualifies, the interest, what is asked for, and how it compares with a loan.
Read more →The monthly repayment on a business loan, the interest over the term and the total you repay with the arrangement fee.
Work it out →Two loan offers side by side: the monthly payment, the total repaid with fees, and the difference in pounds.
Work it out →Your profit against all your loan repayments, new and existing, as the cover ratio a lender works out.
Work it out →Funding searches run on Swoop’s platform. Swoop Finance Limited is a credit broker and not a lender, and is authorised and regulated by the Financial Conduct Authority (FRN 936513). Buzz Accounting Ltd introduces businesses to Swoop and may receive a fee from Swoop when funding is arranged. Business funding is separate from the financial advice Equity & General Financial Services Limited gives through this website. Finance is subject to status, and a lender may ask a director for a personal guarantee.
If a lender asks you to guarantee the company’s borrowing, our advisers can advise on life cover for that debt.